Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1345 Fm 544 Wylie, TX 75098

    • Commercial real estate
    • 1.50 lot acres
    For Sale
    View listing
    $495,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4853811
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1345 Fm 544

    Lot size
    1.50 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 1.5-acre commercial and residential land parcel is situated at 1345 E FM 544 in Wylie, Collin County, Texas, zip code 75098. Offered at $495,000, this property presents a compelling investment opportunity with significant upside potential. The land is zoned ETJ, allowing for a variety of uses including retail, flex space, multi-family residential development, or single-family homes. The lot size is 1.5 acres, with a land value of $7.60 per square foot. Its prime location in Wylie, Texas offers easy access to major transportation routes and a thriving community. This property is ideal for developers or investors seeking a versatile land parcel in a rapidly growing area. The coordinates are 32.995058 latitude and -96.521373 longitude. This is a rare opportunity to acquire a sizable tract of land with diverse development possibilities in a desirable Texas location. The property is currently listed for sale and presents a strong return on investment for the right buyer. Don't miss this chance to secure this exceptional piece of land.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Wylie
    County
    Collin
    State
    Texas
    Longitude
    -96.521373
    Latitude
    32.995058

    Comparable in this City

    • Contact for pricing
      18.47 Acres

      Wylie, TX Land - 18.47 Acres

      Prime Collin County development land, multiple zoning options.
      0 Brown St, Wylie, TX 75098
      View Details
    • $700,000
      1.90 Acres

      Lake View Wylie Land - $700K

      ±1.9 Acres, ETJ Zoning, Lake Lavon Access
      2387 St Paul Rd, Wylie, TX 75098
      View Details
    • $499,000
      0.95 Acres

      Wylie, TX Investment Opportunity

      Almost 1-acre parcel with commercial or residential potential.
      7375 Moses Dr, Wylie, TX 75098
      View Details
    • $880,000
      4.00 Acres

      4235 Troy Rd Wylie

      Multifamily properties • 4.00 Acres
      4235 Troy Rd, Wylie, TX 75098
      View Details
    • $287,500
      1,221 SF

      Updated Home in Birmingham Farms

      Charming, updated 3-bedroom home in Wylie's Birmingham Farms neighborhood.
      908 Greene Way, Wylie, TX 75098
      View Details
    • $490,000
      1.35 Acres

      St. Paul Land with Warehouse

      1.3 acre lot with residence and warehouse in St. Paul.
      1708 Parker Rd, St Paul, TX 75098
      View Details

    Similar Nearby for Sale

    • $499,000
      0.95 Acres

      Wylie, TX Investment Opportunity

      Almost 1-acre parcel with commercial or residential potential.
      7375 Moses Dr, Wylie, TX 75098
      View Details
    • Contact for pricing
      18.47 Acres

      Wylie, TX Land - 18.47 Acres

      Prime Collin County development land, multiple zoning options.
      0 Brown St, Wylie, TX 75098
      View Details
    • $700,000
      1.90 Acres

      Lake View Wylie Land - $700K

      ±1.9 Acres, ETJ Zoning, Lake Lavon Access
      2387 St Paul Rd, Wylie, TX 75098
      View Details
    • $880,000
      4.00 Acres

      4235 Troy Rd Wylie

      Multifamily properties • 4.00 Acres
      4235 Troy Rd, Wylie, TX 75098
      View Details
    • $287,500
      1,221 SF

      Updated Home in Birmingham Farms

      Charming, updated 3-bedroom home in Wylie's Birmingham Farms neighborhood.
      908 Greene Way, Wylie, TX 75098
      View Details
    • $490,000
      1.35 Acres

      St. Paul Land with Warehouse

      1.3 acre lot with residence and warehouse in St. Paul.
      1708 Parker Rd, St Paul, TX 75098
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Wylie, TX Commercial Land for Lease

      Six-acre commercial lot in prime Wylie location.
      3475 Vinson Rd, Wylie, TX 75098
      View Details
    • $2,000 /Mo
      10,759 SF

      Highway Frontage Ground Lease Opportunity

      Ground lease opportunity with high visibility on State Highway 78.
      3650 N State Highway 78, Wylie, TX 75098
      View Details
    • $8 SF/Yr
      6,736 SF

      Wylie Retail Center - Prime Location

      High-traffic retail space, multiple units available.
      0 Nwq Of Fm-544 & Tx-78, Wylie, TX 75098
      View Details
    • $9 SF/Yr
      8,459 SF

      Wylie Retail Center - 100 Acres

      Prime Wylie retail space, 8,459 sq ft available.
      0 Sec Sh-78 & Fm-432, Wylie, TX 75098
      View Details
    • $25 SF/Yr
      5,000 SF

      Wylie Flex Space: New Construction

      Modern flex space, divisible units, 2025 build.
      607 Commerce St, Wylie, TX 75098
      View Details
    • Contact for pricing
      20,000 SF

      Wylie Office Space Available

      20000 square feet of office space for rent.
      601 Sanden Blvd, Wylie, TX 75098
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1345 Fm 544
    Wylie, TX 75098
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.